Built in 1805 as the schoolhouse in Sheepscot Village, Maine, this distinctive property was relocated to the riverfront in Damariscotta in the 1950s. At that time, it was significantly enlarged and with the addition of a steeple, served as the Christian Science Church until 2010. The building was extensively renovated and thoughtfully updated in 2011 to accommodate the restaurant Savory Maine. At that time, the addition of a dormer and two skylights transformed the unfinished attic into a bright one-bedroom apartment and the church office became a studio apartment that is a very popular Airbnb. Two expansive waterfront decks were constructed and all of the electrical wiring and plumbing was replaced. Additional upgrades include Airkrete insulation throughout the exterior walls, roof, and between floors, mini-split heat pumps in all units, a full sprinkler system, and a new roof, fascia boards, and gutters. Today, the building offers four separate units--three one-bedroom apartments and one studio--while retaining the flexibility to accommodate a wide range of commercial or mixed-use possibilities.Located adjacent to a large public parking lot, the property enjoys a highly visible and convenient in-town setting in the heart of downtown Damariscotta. Its prime Midcoast location places it within easy reach of destinations such as Pemaquid Point Lighthouse, Pemaquid Beach Park, Boothbay Harbor, and the Camden-Rockport area. With its rich history, extensive upgrades, and exceptional location, this is a rare commercial opportunity well-positioned to attract customers, tenants, or clients for years to come.
Listed By
Agency Name: Newcastle Realty
Agency Contact: 207-563-1003
Shown By
Agency Title: Sprague and Curtis Real Estate
Agency Phone: 207-623-1123
Estimated Payment
$ 3,326.18 per month $2,336.84 Principal & Interest $683.08 Property Tax $306.25 Homeowner's Insurance
11 Water Street | MLS# 1663212
This multi-family property located at 11 Water Street , Damariscotta, ME 04543 is currently listed for sale with an asking price of $1,050,000. Search Damariscotta real estate on www.spragueandcurtis.com today.